New lineup for Equinor’s board of directors
Norway’s state-owned energy giant Equinor has added a new member to its board of directors and re-elected several others, including shareholder-elected members.
The Norwegian giant revealed on Tuesday that Michael D. Lewis was elected as a new member of the firm’s board of directors and Anne Drinkwater was elected as deputy chair of the board in a meeting in the corporate assembly of Equinor.
Prior to becoming the CEO of E.ON UK, Lewis, who holds an MA in Environmental Law from De Montfort University, MSc in Pollution and Environmental Control from the University of Manchester and BEng in Engineering Technology from Leicester Polytechnic, was CEO of E.ON Climate & Renewables GmbH in the period 2015-2017. Before this, he served as the Chief Operating Officer of the same company between 2007-2015.
Furthermore, Lewis held the role of Vice President Corporate Strategy in E.ON AG in the period 2004-2007. In addition, he has worked as an equity analyst, strategy analyst and environmental specialist and environmental scientist in other companies.
Lewis, who has extensive international experience and broad board experience, is chair of the board of Energy and Utilities Skills Partnership as well as a member of the Natural Environment Research Council and Imperial College Business School, Centre for Climate Finance and Investment.
Equinor also informed that the corporate assembly re-elected Jon Erik Reinhardsen as chair of the board in addition to the re-election of Anne Drinkwater, Bjørn Tore Godal, Rebekka Glasser Herlofsen, Jonathan Lewis, Finn Bjørn Ruyter and Tove Andersen as shareholder-elected members of the board of directors.
Furthermore, the state-owned firm advised that the election of shareholder-elected members to the board of directors enters into effect from 1 July 2022 and is effective until the ordinary election of shareholder-elected members to the board of directors in 2023.
When it comes to Equinor’s most recent activities, it is worth noting that the Norwegian energy player recently brought the Hammerfest LNG back in production after the fire in September 2020.
In regards to its exploration activities in Norway, the state-owned giant run into disappointing results after drilling a well in the North Sea, as no traces of a hydrocarbon reservoir were found despite having the potential to be a “play opener.”